The Lakshmi Mills Company Limited manufactures, trades in, and exports yarns in India.
Mediocre balance sheet and overvalued.
Share Price & News
How has Lakshmi Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 502958 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 502958 underperformed the Indian Luxury industry which returned 13.7% over the past year.
Return vs Market: 502958 underperformed the Indian Market which returned 6.4% over the past year.
Price Volatility Vs. Market
How volatile is Lakshmi Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Lakshmi Mills undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 502958 (₹1900) is trading above our estimate of fair value (₹45.44)
Significantly Below Fair Value: 502958 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 502958 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 502958 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 502958's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 502958 is good value based on its PB Ratio (0.4x) compared to the IN Luxury industry average (0.5x).
How is Lakshmi Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Lakshmi Mills has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 502958’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Lakshmi Mills competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Lakshmi Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 502958 is currently unprofitable.
Growing Profit Margin: 502958 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 502958 is unprofitable, and losses have increased over the past 5 years at a rate of -47.6% per year.
Accelerating Growth: Unable to compare 502958's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 502958 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).
Return on Equity
High ROE: 502958 has a negative Return on Equity (-1.81%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Lakshmi Mills's financial position?
Financial Position Analysis
Short Term Liabilities: 502958's short term assets (₹714.2M) do not cover its short term liabilities (₹968.1M).
Long Term Liabilities: 502958's short term assets (₹714.2M) exceed its long term liabilities (₹225.3M).
Debt to Equity History and Analysis
Debt Level: 502958's debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: 502958's debt to equity ratio has reduced from 38.1% to 18.6% over the past 5 years.
Inventory Level: 502958 has a high level of physical assets or inventory.
Debt Coverage by Assets: 502958's debt is covered by short term assets (assets are 1.2x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 502958 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: 502958 has been profitable on average in the past, therefore cash runway is not a concern.
What is Lakshmi Mills's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 502958's dividend (0.26%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 502958's dividend (0.26%) is low compared to the top 25% of dividend payers in the Indian market (2.63%).
Stability and Growth of Payments
Stable Dividend: 502958 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 502958 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 502958 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 502958's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sundaram Pathy (70yo)
Mr. Sundaram Pathy has been the Managing Director of Lakshmi Mills Co. Ltd. since April 24, 1996 and its Executive Chairman since June 11, 2009. Mr. Pathy has over 35 years in the field of textile and text ...
CEO Compensation Analysis
Compensation vs Market: Sundaram's total compensation ($USD131.65K) is above average for companies of similar size in the Indian market ($USD49.94K).
Compensation vs Earnings: Sundaram's compensation has increased whilst the company is unprofitable.
|Executive Chairman||0yrs||₹9.46m||17.75% ₹234.5m|
|Deputy MD & Whole Time Director||10.7yrs||₹6.00m||10.94% ₹144.6m|
|Non-Executive Non Independent Director||9.6yrs||₹125.00k||1.9% ₹25.1m|
|Non-Executive Independent Director||13.2yrs||₹135.00k||no data|
|Independent Non Executive Director||2yrs||₹115.00k||0.0010% ₹13.3k|
|Vice Chairman||9.5yrs||₹200.00k||no data|
|Non-Executive Independent Director||9.8yrs||₹200.00k||no data|
|Non-Executive Independent Director||5yrs||₹175.00k||no data|
Experienced Board: 502958's board of directors are considered experienced (9.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Lakshmi Mills Company Limited's company bio, employee growth, exchange listings and data sources
- Name: The Lakshmi Mills Company Limited
- Ticker: 502958
- Exchange: BSE
- Founded: 1910
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹1.322b
- Shares outstanding: 695.55k
- Website: https://www.lakshmimills.com
Number of Employees
- The Lakshmi Mills Company Limited
- 67A, Sri Krishna Krupa
- P&T Colony Main Road
- Tamil Nadu
- 641 030
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|502958||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2001|
The Lakshmi Mills Company Limited manufactures, trades in, and exports yarns in India. It operates through two segments, Textiles and Rental Services. The company offers combed cotton, polyester cotton blended, lenzing micro modal/modal/tencel, micro modal/modal cotton blended, micro tencel, tencel/cotton blended, and X-static yarns. It also manufactures and trades in grey, processed, and dyed fabrics, as well as school and corporate uniforms, and bed linen; and special products for use in nursing homes, hospitals, and operation theatres. In addition, the company leases properties. The Lakshmi Mills Company Limited was founded in 1910 and is headquartered in Coimbatore, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 12:41|
|End of Day Share Price||2020/02/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.